How to grow a forex account by 4%. Case studies of EURJPY 1h 20210726 and 20210727

 

VAB trading

V = Volume weighted average price (VWAP) line

Arrow = price crossed VWAP

Bell = price touched VWAP

(see AI settings here).

Trade #1

At 26 July 2021 16.00 hours UTC+7 in a EURJPY 1h chart, the VWAP (Volume-weighted average price) line turned from purple to white. The price crossed above the white VWAP with a green arrow. The RSI also crossed over 50%. 

At 18.00 hours, the price came down to touch the white VWAP line and the bell showed up. With these conditions (Vwap-Arrow-Bell) in place, a buy order could be sent out the instant that the bell appeared. If the leverage was 1:500 and the lot size was 20% of the balance, a cautious trader could take profit when the fund grew up beyond 4%.

Trade #2

At 27 July 2021 04.00 hours UTC+7 in a EURJPY 1h chart, the VWAP (Volume-weighted average price) line turned from white to purple. The price crossed under the purple VWAP with a red arrow. In the next two hours, two bells showed up. However, the brokers usually bulge up the price spread during this time of the day. So no entries should not be opened.

At 07.00 hours, the price went up to touch the purple VWAP line and the bell showed up. This time the spread usually went down to normal value. With these conditions (Vwap-Arrow-Bell) in place, a sell order could be sent out the instant that the bell appeared. If the leverage was 1:500 and the lot size was 20% of the balance, a cautious trader could take profit when the fund grew up beyond 4%.

20210708 12.00 USDJPY trading.

       

• Thu 20210708 12.00 USDJPY 1h (see AI settings here).
• SMA21 was falling.
• Buyers who entered buy long positions above 110.212 were stopped out by the -6 bar.
• Price consolidated at a flat SMA21 line.
• At 12.00 hours, the -6 bar strongly broke down through yesterday's low level of 110.395.
• A sell short position sent at 110.276 or above during the next bar could have returned at least 10 pips within 2 hours.

20210708 07.00 AUDUSD trading.

       

• Thu 20210708 07.00 AUDUSD 1h (see AI settings here).
• SMA21 was falling.
• Buyers who entered buy long positions above 0.74626 were stopped out by the -2 bar.
• Sellers who entered short positions below 0.75069 were stopped out by the +1 bar. 
• Price consolidated at the -9 blue level of 0.74807.
• At 07.00 hours, the -2 bar strongly broke down through the -9 level.
• A sell short position sent at 0.74686 or above during the next bar could have returned at least 10 pips within 6 hours.

20210707 19.00 NZDUSD trading.

      

• Wed 20210707 19.00 NZDUSD 1h (see AI settings here).
• SMA21 was falling.
• Price moved above SMA21 and consolidated for 5 bars. Sellers who entered short positions below 0.70609 during past 22 hours were stopped out by a pair of Green-Red giant bars. 
• At 19.00 hours, the +9 bar strongly shot down from the newly created 0.70609 orange level. 
• A sell short position sent at 0.70357 or below during the next bar could have returned at least 10 pips within 2 hours.

20210706 14.00 EURUSD trading.

      

• Tue 20210706 14.00 EURUSD 1h (see AI settings here).
• SMA21 was rising slightly.
• Price moved above SMA21 rapidly in continuous 5 green bars. Sellers who entered short positions below 1.18950 during past 20 hours were stopped out. 
• At 14.00 hours, the -1 bar strongly shot down and closed below yesterday's high. SMA21 also moved downward.
• A sell short position sent at 1.18721 or above during the next bar could have returned at least 10 pips within 2 hours.

20210706 09.00 EURUSD trading.

      

• Tue 20210706 09.00 EURUSD 1h (see AI settings here).
• SMA21 was rising.
• Price was below SMA21. 
• At 09.00 hours, sellers who entered short positions below 1.18719 during past 13 hours were stopped out by the bar +3 that strongly shot above SMA21 line. 
• A buy long position sent at 1.18718 or below during the next bar could have returned at least 10 pips within 4 hours.

20210705 13.00 EURUSD trading.

      

• Mon 20210705 13.00 EURUSD 1h (see AI settings here).
• SMA21 was rising.
• Price was above SMA21. 
• At 13.00 hours, sellers who entered short positions below 1.18666 during past 7 hours were stopped out by the bar +1 that touched SMA21 line. 
• A buy long position sent at 1.18633 or below during the next bar could have returned at least 10 pips within 3 hours.

20210706 11.00 BTCUSD trading.

 

• Tue 20210706 11.00 BTCUSD 1h (see AI settings here).
• SMA21 was falling.
• Price hung around SMA21 for 10 hours.
• At 11.00 hours, sellers who entered long positions below 34,797.33 during past 26 hours were stopped out by the bar +2 that strongly shot up over -9 blue resistance line, SMA21 line and SMA233 line simultaneously.
• A buy long position sent at 34,699.12 or below during the next bar could have returned at least 10 pips (10,000 points) within 4 hours.

20210702 13.00 EURGBP trading.

     

• Fri 20210702 13.00 EURGBP 1h (see AI settings here).
• SMA21 was flat.
• Price was above SMA21. 
• At 9.00 hours, the price closed below SMA21.
• At 13.00 hours, sellers who entered short positions below 0.86095 during past 6 hours were stopped out by the bar +1. This bar shot up to the resistance of SMA21. This resistance was also at the +9 orange level.
• A sell short position sent at 0.86075 or above during the next bar could have returned at least 10 pips within 2 hours.

20210701 15.00 EURGBP trading.

      

• Thu 20210701 15.00 EURGBP 1h (see AI settings here).
• SMA21 was falling.
• Price was below SMA21. 
• At 15.00 hours, buyers who entered long positions above 0.85636 during past 22 hours were stopped out by the giant bar +1 that broke above SMA21 line. Sellers who entered short positions below 0.85977 during past 22 hours were also stopped out by this breakout. 
• A buy long position sent at 0.85947 or below during the next bar could have returned at least 10 pips within 2 hours.

20210702 17.00 USDCHF trading.

    

• Fri 20210702 17.00 USDCHF 1h (see AI settings here).
• SMA21 was flat.
• Price was above SMA21. 
• At 14.00 hours, sellers who entered short positions below 0.92748 during past 24 hours were stopped out by the bar +1.
• At 17.00 hours, the giant red bar -1 strongly crossed and closed below the SMA21 line. 
• A sell short position sent at 0.92529 or above during the next bar could have returned at least 10 pips within 3 hours.

20210702 19.00 GBPUSD trading.

     

• Fri 20210702 19.00 GBPUSD 1h (see AI settings here).
• SMA21 was falling.
• Price was below SMA21. 
• At 19.00 hours, buyers who entered long positions above 1.37316 during past 16 hours were stopped out by the giant bar +1 that broke above SMA21 line. Sellers who entered short positions below 1.37872 during past 16 hours were also stopped out by this breakout. 
• A buy long position sent at 1.37804 or below during the next bar could have returned at least 10 pips within 6 hours.

20210703 10.00 BTCUSD trading.

    

• Sat 20210703 10.00 BTCUSD 1h (see AI settings here).
• SMA21 was rising.
• Price was above SMA21. 
• At 10.00 hours, buyers who entered long positions above 33,333.10 during past 5 hours were stopped out by the bar -2 that touched SMA21 line. 
• A buy long position sent at 33,532.09 or below during the next bar could have returned at least 10 pips (10,000 points) within 4 hours.

Settings of ProfitBee59 AI for Crypto trading.

 

ProfitBee59 AI settings for Crypto trading:

• ProfitBee59 v6.0 20210709
• Arrow = Fast
• Fast line = SMA21.
• Slow line = SMA233.
• Green dot = price crossed over fast line, Red dot = price crossed under fast line (CxF).
• Uncheck last four items.

RSI settings:

20210630 09.00 AUDUSD trading.

   

• Wed 20210630 09.00 AUDUSD 1h (see AI settings here).
• SMA21 was falling.
• Price was below SMA21. 
• At 9.00 hours, sellers who entered short positions below 0.75242 during past 13 hours were stopped out by the bar +4 that touched SMA21 line. 
• A sell short position sent at 0.75226 or above during the next bar could have returned at least 10 pips within 6 hours.

20210629 13.00 AUDUSD trading.

  

• Tue 20210629 13.00 AUDUSD 1h (see AI settings here).
• SMA21 was falling.
• Price was below SMA21. 
• At 13.00 hours, sellers who entered short positions below 0.75648 during past 4 hours were stopped out by the bar +2 that touched SMA21 line. 
• A sell short position sent at 0.75573 or above during the next bar could have returned at least 10 pips within 6 hours.

Settings of ProfitBee59 AI for Forex trading.

ProfitBee59 AI settings for Forex trading:

• ProfitBee59 v6.0 20210709
• Arrow = Fast
• Fast line = SMA21.
• Slow line = SMA233.
• Green dot = price crossed over fast line, Red dot = price crossed under fast line (CxF).
• Uncheck last two items.

RSI settings: